$4.7 billion worth of Govt Contracts for FY 05

The business community can expect an estimated $4.7 billion worth of Government contracts in FY05.

Of the $4.7 billion, IT contracts account for $2.2 billion. This was announced by the Infocomm Development Authority of Singapore (IDA) on 28 April 2005.

The other $2.5 billion comprises $2.1 billion for building and construction projects and $400 million for goods and services purchases. The larger building and construction projects worth at least $65 million include the construction of common services tunnel (including 230KV sub-station), vehicular and pedestrian bridge at Downtown Marina Bay.

Information on these government tenders can be found in the Government's pre-procurement plan. The pre-procurement plan lists potential tenders with an estimated value of at least $200,000. It is available on the Government e-Business (GeBIZ) website at http://www.gebiz.gov.sg.

The pre-procurement plan gives a brief description of each potential tender. Suppliers can do an electronic search to locate relevant tender opportunities, whether by purchase type (IT, goods & services or building & construction), supplier registration categories or financial category. Details of the contact officer for each potential tender are also given, should suppliers have enquiries on the procurement opportunity.

The pre-procurement plan was first introduced in 2003 by the Ministry of Finance. It aims to give suppliers early information about opportunities in Government Procurement.

MINISTRY OF FINANCE